Labour shortages have become widespread – this is how firms are responding

Dhingra, Swati and De Lyon, Joshua (2021) Labour shortages have become widespread – this is how firms are responding. LSE Business Review (15 Dec 2021). Blog Entry.

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Abstract

The majority of firms saw business grow between April and October 2021, after the shocks of COVID-19 and Brexit in 2020. But a new analysis by Swati Dhingra and Josh De Lyon into firms’ experiences and expectations for the British economy shows confidence for the coming months is dipping. They find extensive labour shortages prevalent across all industries. Prices and wages are rising, but the growth rate of prices is catching up with nominal wage growth.

Item Type:	Online resource (Blog Entry)
Official URL:	https://blogs.lse.ac.uk/businessreview/
Additional Information:	© 2021 The Authors
Divisions:	Economics Centre for Economic Performance
Subjects:	H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Date Deposited:	21 Jan 2022 13:09
Last Modified:	15 Sep 2023 11:21
URI:	http://eprints.lse.ac.uk/id/eprint/113212

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